Opportunity Zones are census tracts, consisting primarily of economically distressed communities, where new private investments may be eligible for preferential tax treatment under certain conditions.
The Opportunity Zone program, created as part of the federal Tax Cuts and Jobs Act of 2017, allows investors to defer, reduce, or eliminate unrealized capital gains if they reinvest them in designated zones.
Explore Greensboro's Opportunity Zones
Ten low-income census tracts in Greensboro, as shown on the map below, have been approved by the US Treasury Department as Qualified Opportunity Zones (QOZs). (Census tract #128.03 extends into Guilford County to the east of the city limits.)
Search for individual addresses using this interactive map tool to see if a property is located in an Opportunity Zone.
Opportunity360 Measurement Reports
(a Web-based tool created by Enterprise Community Partners that maps, measures and reports on individual QOZs)
Check out the strengths and opportunities of each Greensboro QOZ below:
Tract 102 Tract 111.02
Tract 103 Tract 112
Tract 108 Tract 113
Tract 110 Tract 114
Tract 111.01 Tract 128.03
Greensboro's QOZs overlap with various areas previously designated by the City for investment and reinvestment. View these intersections in totality or individually on these maps:
- Active Redevelopment Plan areas
- Comprehensive Plan Reinvestment Opportunity areas
- Economic Development Focus areas
- East Greensboro Study area
Looking for a project?
The City is working with partner organizations to identify and market real estate and business investment opportunities in Greensboro's QOZs.
Featured investment-ready projects:
~ South Eugene/Bragg Street in Tract 114
~ South Elm Build to Suit in Tract 114
~ Gateway Research Park in Tract 128.03
~ White Oak Center in Tract 102
~ White Oak Warehouse in Tract 102
~ The Steel House in Tract 113
~ 1100 S. Elm St. in Tract 114
~ 944 S. Elm St. in Tract 114
~ 311 W. McGee St. in Tract 108
~ 1701-1707 Fairview Dr. in Tract 103
~ 109-115 Flemingfield Rd. in Tract 128.03
~ 138 Flemingfield Rd. in Tract 128.03
~ 123 Elsielee Rd. in Tract 128.03
For inquiries about investing in:
~ East Greensboro, contact East Greensboro NOW at 336-275-1101.
Looking for funding?
Investment in Qualified Opportunity Zones is done through privately established investment vehicles called Opportunity Funds.
You can get information about those funds from private equity and venture capital firms, real estate developers, banks, and CPA and law firms.
Get contact information and information about publicly announced funds from:
- Opportunity Zone Fund Directory, created by the National Council of State Housing Agencies
- Opportunity Funds Listing, created by Novogradac, a private consulting firm focused on affordable housing, community development, historic preservation, and renewable energy.